Big Boss Interview

US inflation fell to 5% last month – the lowest rate since May 2021. March’s monthly consumer price index – which measures the price of a ‘basket’ of goods and services – continued its steady decline from its peak of just over 9%. It prompted US President Joe Biden to tweet that: “Inflation has come down 45% since its summer peak. Gas prices are down, and grocery prices fell last month for the fir...

The International Monetary Fund raises concerns about the sudden failures of Silicon Valley Bank and Signature Bank in the United States, and the loss of market confidence in Credit Swiss. At its spring conference with the World Bank in Washington, the IMF warned that global financial stability risks have increased rapidly in the last few months, in part because banks generally didn't prepare adeq...

The spring meetings of the International Monetary Fund and the World Bank are beginning in Washington - the major global financial institutions - are gathering at a time of profound concern about persistent inflation, struggling countries, and the health of the banking system. It follows several failures of regional banks and uncertainty in giant finance houses like Credit Suisse and Deutsche Bank...

Healthcare company Johnson and Johnson has offered nearly $9 billion to settle a claim from tens of thousands of people who claim its talc product caused cancer. We hear from a lawyer whose firm is representing 17,000 claimants who say they've been affected by the company's trademarked talcum powder product. The housing boom is definitely over. In Europe anyway. House prices in the EU have suffere...

US House committee votes to release Donald Trump’s tax information to the public Japan’s central bank catches markets off guard by making a move to tackle inflation. And what impact will the Taliban government’s decision to close universities for women have on the economy ? Devina Gupta discusses these and other business news stories with the Editor of National and Strategic Affairs at The Print w...

One of the world's largest cryptocurrency exchanges, Binance, has pulled out of a deal to acquire its struggling rival FTX, leaving the latter's future in doubt. The near-collapse of FTX which was valued at $32 billion at the start of the year has shaken the crypto market, with Bitcoin and other currencies suffering steep falls. Rahul Tandon is joined by Tracy Wang, the deputy managing editor at C...

There are warnings people could starve across the globe due to food shortages caused by the war in Ukraine. The World Trade Organisation is seeking solutions to the crisis - we'll hear from UNICEF's Rania Dagesh along with University of Maryland economist Peter Morici, and Sushma Ramachandran, a Delhi-based independent journalist. Our live guests will also discuss turbulence in the Asian markets a...

In three months, conflict in Ukraine has destroyed parts of the country, hurt Russia's economy, and sent shockwaves across the globe. Countries are experiencing never-before-seen inflation, and a critical lack of supplies is forecast to worsen. Then there's the matter of who should pay for the colossal damage inflicted on towns and cities in Ukraine. At the World Economic Forum in Davos, world lea...

Cryptocurrency markets are being rocked after a popular token lost 99% of its value. We get the latest analysis from Anita Ramaswamy of the TechCrunch website. Oil giant Saudi Aramco has overtaken Apple to become the world's most valuable company. Indrajit Sen of the Middle East Economic Digest in Dubai discusses the significance of the shift. Russian shipping company Sovcomflot is reportedly sell...

There are warnings inflation will continue to soar around the world, despite the US and UK increasing interest rates. Stock markets have reacted by falling - the Nasdaq has had its worst day for two years. The Philippines are gearing up for hotly contested elections this weekend - we get analysis from our correspondent in the Philippines, Karishma Vaswami. A special report from Sam Fenwick examine...

As many as 300 vessels are backed up in Shanghai, waiting to load up or discharge compared to this time last year. We get the latest from the BBC's Monica Millar in Singapore and we also hear about the knock on affects from Steve Lamar, President and CEO of the American Apparel & Footwear Association. Amid a worsening humanitarian crisis, the UN is seeking $4.4bn in aid for Afghanistan. We hea...

U.S. President Joe Biden could reportedly invoke a Cold War-era defence law to encourage domestic production of minerals. Josh Siegel of Politico explains why. Also in the show, Pakistani Prime Minister Imran Khan faces a no-confidence vote in the next few days, over questions regarding his performance amid double-digit inflation and rising deficits. Russian forces have reportedly repositioned awa...

Russia has said it will "drastically reduce combat operations" around Kyiv and the northern city of Chernihiv, during negotiations in Turkey. Financial markets reacted positively to the news, as Brian Dorst from Themis Trading in New Jersey explains. We'll also hear from President Biden's top official on sanctions, who says companies have a choice to make on whether they continue to do business in...

The US Secretary of State Antony Blinken will meet leaders of the "Quad" grouping, a US-led bloc which includes Australia, Japan and India, to shore up Indo-Pacific partnerships in the face of China's growing power. We get analysis from Cleo Paskal, Associate Fellow at Chatham House. The Dutch central bank has said it "deeply regrets" its founders' role in the slave trade. We get reaction from Lin...

We start the programme looking at the the angry clashes between Russian and US envoys at the UN Security Council. The US called a meeting to discuss the build up of some 100,000 Russian troops on on its borders with Ukraine. US Ambassador Linda Thomas-Greenfield said the mobilisation was the biggest Europe had seen in decades. Her Russian counterpart accused the US of fomenting hysteria and unacce...

The big event of 2021 that will shape economies all over the world for decades to come was the COP 26 climate conference in Glasgow in November. The meeting saw a deluge of promises, but what was actually achieved? Martin Webber speaks to Tim Gould, chief energy economist at the International Energy Agency and economist Irwin Stelzer, from the Hudson Institute in the United States. It was another...

A key senator has indicated he will not vote for President Biden's Build Back Better plan. We explore the potential impact on the economy with US economist Ken Rogoff. Also in the programme, the government of Ghana intends to introduce an e-levy tax on "mobile money" transactions. Plus, business correspondent Carrie Davies explains how the BBC has discovered that Covid passes are being advertised...

Tesla surpassed a market value of $1 trillion on Monday, making it the fifth such firm to reach the milestone. Shares in the electric automaker climbed 12.6% after it struck a deal to sell 100,000 vehicles to the international car rental company Hertz. We speak to Bloomberg's Business reporter Dana Hull about Tesla's fortunes. Also in the programme, Facebook's latest financial results showed bette...

Residents in north-east China are experiencing unannounced power cuts, as an electricity shortage which initially hit factories spreads to homes. Philippe Benoit at the Center on Global Energy Policy at Columbia University, explains why this is significant. Also in the programme, Germany's centre-left SPD party has claimed victory in the federal election. Parties will now try to form a coalition g...

Huawei’s Chief Financial Officer Meng Wanzhou is released after nearly three years under house arrest in Canada, the BBC’s Gordon Correra has the details. China’s central bank bans all cryptocurrency activity in the country, sending the price of Bitcoin tumbling – cryptocurrency author Glen Goodman tells us more. Marketplace’s Kai Rysdell talks toothpaste, deodorant and supply chain woes, and Vict...

The embattled Chinese real estate firm Evergrande reaches the deadline for interest payments on its bonds – will Beijing step in to shore up the company? We speak to Sara Hsu, Associate Professor of Economics at the State University of New York. Erin Delmore is in Berlin to take us through the last days of campaigning in Germany’s general election, the vote will decide who replaces Angela Merkel a...

Biden said there was never a good time to withdraw US forces from Afghanistan, but the situation has "unfolded quicker than expected". Dr Kamran Bokhari, director of analytical development at the Newlines Institute in Washington DC tells us that a lack of effective political and economic governance led the Afghan National Army to melt away and let the Taliban re-take the country. Plus, Daniel Aran...

In Australia's biggest ever buyout, Jack Dorsey's Square has offered to buy Afterpay. Jonathan Shapiro writes about banking and finance at The Australian Financial Review, and tells us what is so attractive about the $29bn 'buy now, pay later' giant. As day 12 of the Olympics begins in Tokyo, we hear whether Japan's hosting of the games is still unpopular given the mounting costs and increasing co...

In a blow to the UK's tourist and aviation industries, the CDC has advised US citizens against travel to the country. We hear more from travel expert, Simon Calder. In Germany, catastrophic flooding has left at least 160 people dead and more than 170 others missing; later this week, Angela Merkel is expected to roll out an emergency aid package for those affected. We hear from the BBC's Damien McG...

Face masks will no longer be legally required and distancing rules will be scrapped at the final stage of England's Covid lockdown roadmap, Prime Minister Boris Johnson has confirmed. The rule of six inside private homes will be removed and work-from-home guidance abolished as 16 months of on-off restrictions on daily life end. But is it too soon? Chinese authorities have frozen several prominent...